Author: Frederic Grare
Editor(s): Frederic Grare / Amitabh Mattoo
ISBN/UPC (if available): 8173044902
This volume is part of a research programme on India’s Foreign Policy at the Turn of the Millennium: Forging New Partnerships in south-East Asia. As the strategic and security issues have been addressed in the earlier volume, the present volume deals exclusively with economic issues. It comprises eight contributions, and is the result of a second workshop organized in New Delhi in April 2001.
With a market around 5000 million people and a combined gross domestic product of US $ 800 billion, ASEAN, one of the most dynamic groups of nations in the world economy, was also perceived as a zone of economic opportunity for India. Starting from a very low level, trade and investments between the two partners developed rapidly. However, they remain even today far below that full potential. The Asian financial crisis of 1997 is only a partial explanation fro the unrealized and untapped potential. Although improving at a remarkable pace, India’s attractiveness remains limited while its economy is still not export driven. These are some of the pivoted issues addressed in this present volume.